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Sold on 06/26/2023

283 Eastern Ave, Lynn, MA 01902

$993,000

Last sold 06/26/2023 for $810K

  • 6

    bed

  • 3

    bath

  • 2,827

    Sqft ($287/Sqft)

Multi-family not for sale
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About 283 Eastern Ave

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 5,711 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
Three-family home on Eastern Avenue close to Lynn/Swampscott line. Three spacious units with two bedrooms each. Side by side off-street parking for each unit. Two car garage needs repair. Separate utilities. Great location. Great opportunity!
Listed by
Listing Agent - Meg McGowan
Listing Office - Sagan Harborside Sotheby's International Realty
Source: MLS Property Information Network, Inc. mls logo
MLS#73126654 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 3 hours ago
Overview
Heating Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas)
Levels/Style 6
MLS # 73126654
Type Residential Income
Status Closed
SubType 3 Family
SqFt 2827
Lot Size (SqFt) 5711
Lot Size (Acres) 0.13
Annual Property Tax 8320
Year Built 1920
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 6
Basement Full
Total # of Rooms 12
Appliances Unit 1(Range, Dishwasher), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator)
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Exterior
Foundation Stone
Roof Shingle
# Covered Spaces 2
Parking Desc Paved Drive, Off Street
# Parking Spaces 4
# Garage Spaces 2
Exterior Features Porch, Porch - Enclosed, Deck
Patio/ Porch Porch, Enclosed, Deck
Amenities / Utilities
Sewer Public Sewer
Electricity Circuit Breakers, 100 Amp Service
Water Source Public
Location
Waterfront Beach Front, Ocean, 1/2 To 1 Mile To Beach
County Essex
Zoning R1
APN M:104 B:423 L:030, 1997648
Directions Western Ave. (route 107) To Eastern Ave.
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Net Operating Income 54000
Total Actual Rent 4500
Gross Income 54000
$993K
Range: $863K-$1.12M
Last 30 days 
  • Sep 2023
    mls logo MLS # 73126654
  • Sep 28, 2023 Sold
    $810,000 (+15.9%)
  • Jun 19, 2023 Listed
    $699,000 (+60.7%)
  • May 2004
    Public Records
  • May 14, 2004 Sold
    $435,000 (+33.8%)
  • Dec 2002
    Public Records
  • Dec 9, 2002 Sold
    $325,000
  • Year Property taxes Tax assessment
  • 2025
    $8,615 +0.3%
    $831,600 +2.0%
  • 2024
    $8,585 +3.2%
    $815,300 +9.26%
  • 2023
    $8,320 +1.6%
    $746,200 +13.27%
  • 2022
    $8,189 +5.8%
    $658,800 +10.91%
  • 2021
    $7,740 +4.8%
    $594,000 +7.75%
  • 2020
    $7,387 +2.3%
    $551,300 +9.17%
  • 2019
    $7,222 +6.6%
    $505,000 +12.98%
  • 2018
    $6,772 +5.4%
    $447,000 +8.52%
  • 2017
    $6,426 +7.6%
    $411,900
  • 2016
    $5,970
    —
  • 283 Eastern Ave
    $810K
  • Eastern Avenue
    $539K -17% y/y
  • 01902
    $479K +36% y/y
  • Lynn
    $545K +3% y/y
No chart available
Statistics calculated by Movoto

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6/10
Aborn Elementary School
public Grades K-5
Lynn School District
N/A
William R Fallon Elementary School
public Grades 1-5
Lynn School District
3/10
Thurgood Marshall Middle School
public Grades 6-8
Lynn School District
1/10
Fecteau-Leary Junior/Senior High School
public Grades 6-12
Lynn School District
2/10
Lynn English High School
public Grades 9-12
Lynn School District
Source: GreatSchools.org © 2026. All rights reserved.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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